Section 80CCD(1B)

Section 80CCD(1B)

Section 80CCD1B of the Income Tax Act was brought into the ambit of section 80 CCD with effect from April 1, 2016. According to the Income Tax Act, all individuals who are eligible for claiming tax deduction under section 80CCD 1 can claim an additional deduction of Rs 50,000 for their contribution to pension schemes.  What is […]

Pay Income Tax Due

pay income tax due

The IT Department sends out notices and reminders to people who have taxes due, thereby ensuring that people are aware about their tax liability and can pay the same in order to avoid penalties in the future. Steps to Pay your Due Income Tax Step 1: Click on the link https://www.incometax.gov.in/iec/foportal/. Step 2: Log in using

Chhatraon Ke Liye Protsahan Rashi

Chhatron Ke Liye Protsahan Rashi

The “Chhaatron Ke Liye Protsahan Rashi” scheme Under the Agriculture Department of the Rajasthan government provides financial assistance to economically disadvantaged students who may face challenges in accessing education due to financial constraints. Studying agriculture aims to equip individuals with the knowledge and skills necessary to enhance agricultural productivity sustainably.This includes learning about innovative farming

Acts and Rules of Home Guards Department

acts and rules of home guards department

THE RAJASTHAN HOME GUARDS AMENDMENT RULES, 2009.[Notification No. F. 10/14(1)Home (a-I)/59, dated 1.2.1962, pub. in Raj. Gaz., Pt. IV-C, dt.13.12.1962] In exercise of the powers conferred by section 10 of the Rajasthan Home GuardsOrdinance, 1962 (Rajasthan Ordinance 2 of 1962) read with sections 2, 3, 6 and 8 thereof, the StateGovernment makes the following rules,

Mukhyamantri Saur Krushi Pump Yojana

Mukhyamantri Saur Krushi Pump Yojana

Post Name Chief Minister’s Saur Krishi Pump Scheme Yojana Name Chief Minister’s Saur Krishi Pump Scheme Objective of the scheme Providing electricity to farmers during the day, reducing pollution by removing diesel pumps, reducing the burden of electricity subsidy Goal 1,00,000 solar pumps (in three phases) First step 25,000 pumps Second stage 50,000 pumps third

HUF- Hindu Undivided Family

Hindu Undivided Family

HUF stands for Hindu Undivided Family. It is a collective family unit formed for tax-saving purposes by aggregating or pooling assets. It is a joint family structure where the HUF is considered a distinct entity separate from its individual members. The HUF includes Hindus, Buddhists, Jains, and Sikhs. It obtains its own Permanent Account Number

TNAU Agritech Portal

tnau agritech porta

Agritech Portal is a new initiative by e-Extension Centre of Directorate of Extension Education, Tamil Nadu Agricultural University to eliminate the   communication gap between the university scientists, agriculture officials and farmers. This dynamic portal holds around six lakh pages in Tamil and English with multiple media content. The Portal (http://agritech.tnau.ac.in) has been dedicated to service

Free Consent

Free Consent

Free consent as a contract based on Section 13 of the Indian contract act 1872 is, the meaning of free consent is an agreement made between two parties for the same purpose with the Union of thoughts. It is under the principle of consensus-ad-idem. It is the definition of free consent. What is Free Consent?

Tatkal Scheme for Patents

Tatkal Scheme for Patents

The Department of Industrial Policy and Promotion (DIPP) has notified that the government has opened a special window just for this process. With this window, the time period to process the applications will diverge from the normal route and is now reduced to two and a half years immediately. This process will be further reduced to

After New Tax Ruling Family Trusts Less Flexible

after new tax ruling family trusts less flexible

Family trusts, often used to ring-fence wealth and enable smoother succession planning by ageing patriarchs of Indian households, will not have the freedom to add cousins, nephews, niece, or other `non-relatives’ as ‘beneficiaries’ in future. If a trust deed gives trustees the liberty to include such persons even years later, the trust could be taxed